Kazakhstan doubles trade turnover with Customs Union

Read on the website Vestnik Kavkaza

Kazakh trade turnover with Russia and Belarus has doubled since they
formed a Customs Union, ITAR-TASS reports.


Kazakh exports to Russia increased by 59.6% in five months of 2011,
and 2.3-fold to Belarus. Imports from Russia increased 2.6-fold, from
Belarus - by 6%, Minister for Economic Development and Trade Kayrat
Kelimbetov said.


Trade turnover with the Customs Union increased 2.1-fold to $9.4
billion, making 19.6% of Kazakh trade turnover.


All state control structures (customs, veterinary, sanitary,
phytosanitary and transport) moved from the Russian-Kazakh border to
the outer borders of the union in July 2011. Formation of a single
customs territory uniting 168 million people has almost been
completed.